The Fine Art of Sitting Tight
When markets are trending higher, I look forward to selloffs. Sometimes that selloff never comes, and you find yourself missing out on a monster rally, or worse, chasing after a train that has already left the station. Sometimes the hardest thing to do is to sit tight, yet that is the subject of one of my favorite trading quotes:
"The market does not beat them. They beat themselves, because though they have brains they cannot sit tight." -- Jesse Livermore, Reminiscences of a Stock Operator...465 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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